- August 19, 2020
- Posted by: eroconnew
- Category: General reading
Ranchi has been identified as an education hub for Jharkhand and Bihar for quite some decades now due to availability of good ICSE and CBSE schools. Erocon School Consultants are undertaking a project in Ranchi and will like to share an overview of the capital of Jharkhand in terms of prospects and opportunities for opening new school by new promoters. Ranchi primarily comprises of service class parents and has been a planned township city since decades. At present, under Ranchi Smart city initiative it is witnessing major development in terms of city limit expansion. The schools in Ranchi exhibit excellent volume addition trend and strong admission refusal trend which is a favorable indicator for any promoter to feel encouraged to do a project in Ranchi. Within existing Ranchi city limits, all schools are showing unavailability of seats and all new schools that are 10-15 kms away from their residing locations that were recently started are showing excellent jump start number in the tunes of 350-500 students in the first year itself. Majority of the expansion of the city limits are happening across the West Part of the city along with North Ranchi, North West and South West regions of the city. The major limitation of the city is the threshold in the fee structure as premium schools have failed miserably in this part of the country. The premium segment subscriber does not exist and any school placed in the fee range of Rs 30,000 – 70,000 has excellent prospect for the next 5 years post which it shall become saturated unless any major population influx on account of additional employment opportunities are generated within the city.
If you are looking for the best school consultants in Ranchi, then contact Erocon School Consultants that provides end to end solutions for School Set up Advisory Services along with Turnkey School Architecture services for CBSE, ICSE, IGCSE, IB schools for schools in Ranchi. Due to our exposure to the Ranchi market, we can provide the necessary required inputs to new promoters who are planning to open a new school project. Erocon School Consultants in Ranchi understand the demography and market demand for various micro markets and associated market segments. We are aware of all the localities which have the potential for growth in the future scenario. Being the best school consultants to advise for new school projects in Ranchi, we have done multiple market research and feasibility study for planning IB school, IGCSE school and CBSE school in Ranchi.